High Arctic Energy Services Past Earnings Performance
Past criteria checks 2/6
High Arctic Energy Services has been growing earnings at an average annual rate of 53.9%, while the Energy Services industry saw earnings growing at 44.6% annually. Revenues have been declining at an average rate of 48.2% per year. High Arctic Energy Services's return on equity is 5.8%, and it has net margins of 12.1%.
Key information
53.92%
Earnings growth rate
53.86%
EPS growth rate
Energy Services Industry Growth
23.71%
Revenue growth rate
-48.17%
Return on equity
5.77%
Net Margin
12.06%
Last Earnings Update
31 Mar 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How High Arctic Energy Services makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
OTCPK:HGHA.F Revenue, expenses and earnings (CAD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Mar 26
11
1
4
0
31 Dec 25
11
0
4
0
30 Sep 25
10
0
4
0
30 Jun 25
10
-1
3
0
31 Mar 25
10
-2
3
0
31 Dec 24
10
-2
6
0
30 Sep 24
9
-1
6
0
30 Jun 24
8
-1
7
0
31 Mar 24
6
-1
8
0
31 Dec 23
3
-1
6
0
30 Sep 23
14
-10
6
0
30 Jun 23
26
-15
7
0
31 Mar 23
49
-34
9
0
31 Dec 22
77
-36
11
0
30 Sep 22
89
-32
12
0
30 Jun 22
95
-32
12
0
31 Mar 22
87
-16
11
0
31 Dec 21
76
-19
11
0
30 Sep 21
69
-26
12
0
30 Jun 21
69
-27
13
0
31 Mar 21
69
-29
14
0
31 Dec 20
91
-26
18
0
30 Sep 20
117
-17
19
0
30 Jun 20
148
-12
24
0
31 Mar 20
179
-10
30
0
31 Dec 19
186
-9
32
0
30 Sep 19
191
-8
36
0
30 Jun 19
196
0
36
0
31 Mar 19
196
6
36
0
31 Dec 18
203
11
37
0
30 Sep 18
207
17
37
0
30 Jun 18
195
13
35
0
31 Mar 18
199
16
35
0
31 Dec 17
210
20
35
0
30 Sep 17
221
24
39
0
30 Jun 17
226
42
44
0
31 Mar 17
218
43
47
0
31 Dec 16
208
45
50
0
30 Sep 16
204
47
51
0
30 Jun 16
215
37
54
0
31 Mar 16
220
38
57
0
31 Dec 15
210
32
60
0
30 Sep 15
198
31
59
0
30 Jun 15
181
24
75
0
Quality Earnings: HGHA.F has a large one-off gain of CA$530.0K impacting its last 12 months of financial results to 31st March, 2026.
Growing Profit Margin: HGHA.F became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HGHA.F has become profitable over the past 5 years, growing earnings by 53.9% per year.
Accelerating Growth: HGHA.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: HGHA.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (-26.2%).
Return on Equity
High ROE: HGHA.F's Return on Equity (5.8%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/06/29 05:41
End of Day Share Price
2026/06/29 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
High Arctic Energy Services Inc is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.